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Tellusgruppen (TELLUS) investor relations material
Tellusgruppen Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 5.0% year-over-year to 138.2 MSEK, entirely from organic growth, with all major segments contributing.
EBITDA reached 17.9 MSEK (margin 13.0%), slightly up from 17.4 MSEK last year, but margin declined due to lower government grants and higher external costs.
Net result per share improved to -0.11 SEK from -0.24 SEK year-over-year.
The group transitioned to IFRS reporting, enhancing transparency and comparability.
The number of children and students increased to 2,717, up 1.7% year-over-year.
Financial highlights
Operating income (EBIT) was 2.2 MSEK, up from 0.5 MSEK last year.
Cash flow from operations was 18.4 MSEK, down from 24.3 MSEK, mainly due to lower government grants and increased investments in the AI project Kentaur.
Liquidity at period end was 5.4 MSEK, compared to 11.4 MSEK last year.
Net debt/Adjusted EBITDA (excl. IFRS16) improved to 0.9x from 1.1x.
Solid equity ratio increased to 12.1% from 8.9% year-over-year.
Outlook and guidance
Continued focus on organic growth, operational efficiency, and selective acquisitions.
Launch of the AI-based Kentaur platform in preschools expected to drive cost savings and operational control, with potential for commercialization.
No formal financial forecasts provided.
- Record revenue and margin growth, with strong cash flow and reduced leverage.TELLUS
Q4 20256 Feb 2026 - Q3 2025 saw 10% revenue growth, higher margins, and a proposed dividend amid strong results.TELLUS
Q3 202524 Oct 2025 - Strong revenue growth, improved margins, and record-low leverage highlight robust H1 performance.TELLUS
Q2 20258 Aug 2025 - Q3 revenue up 10.8% with improved margins, but nine-month net loss persists.TELLUS
Q3 202413 Jun 2025 - Q2 revenue up 17.2% with strong organic growth, but profitability remains challenged.TELLUS
Q2 202413 Jun 2025 - Revenue and profitability improved, with leverage sharply reduced year-over-year.TELLUS
Q1 20256 Jun 2025 - Strong revenue growth and margin improvement achieved despite market headwinds.TELLUS
Q4 20245 Jun 2025
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